Kodiak Gas Services, Inc.
Kodiak Gas Services, Inc. (NYSE: KGS) is a leading provider and operator of large horsepower contract compression infrastructure supporting the critical movement and processing of natural gas across key production regions in the United States. The company operates through two reportable segments: Contract Services and… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Kodiak Gas Services, Inc. does
In the company’s own words
Kodiak Gas Services, Inc. (NYSE: KGS) is a leading provider and operator of large horsepower contract compression infrastructure supporting the critical movement and processing of natural gas across key production regions in the United States. The company operates through two reportable segments: Contract Services and Other Services.
Contract Services represents the core business, consisting of operating company-owned and customer-owned compression and gas treating and cooling infrastructure that enables the production, gathering, processing and transportation of natural gas and oil. Other Services encompasses a broad range of ancillary offerings including station construction, customer-owned compression maintenance and overhaul, freight and crane charges, parts sales and other time and material-based services that are often cross-sold with Contract Services.
As of December 31, 2025, Kodiak operated a fleet of approximately 4.5 million horsepower across 4,736 compression units, with approximately 80 percent categorized as large horsepower (greater than 1,000 horsepower per unit). The company strategically concentrates its operations in leading onshore U.S. regions, with approximately 82.8 percent of compression assets deployed in the Permian Basin and Eagle Ford Shale, two of the largest and lowest-cost unconventional oil and natural gas resources in the country. Additional assets operate in the Powder River Basin, Mid-Continent Region, DJ Basin, Appalachian Basin, Barnett Shale, East Texas Region and Black Warrior Basin.
Kodiak maintains long-term commercial relationships with leading upstream and midstream customers, with its four largest customers representing approximately 32 percent of total revenues. Each of these major customers is an S&P 500 constituent with investment-grade ratings. The company's business model emphasizes customer-centric service, operational excellence, mechanical availability guarantees, and disciplined capital deployment. Contracts typically feature primary terms of one to seven years with fixed monthly fees and annual inflation adjustments, providing stable recurring cash flow. The company was formed in 2011 and completed its initial public offering on July 3, 2023. More information is available at www.kodiakgas.com.
Company details
- Sector
- Energy
- Industry (SIC)
- Electric, Gas & Water
- Headquarters
- THE WOODLANDS, TX
- Fiscal year end
- December
- CIK
- 1767042
- SIC
- 4922
Financial performance, year by year
Fiscal 2023–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Kodiak Gas Services, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Kodiak Gas Services, Inc. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Kodiak Gas Services, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Kodiak Gas Services, Inc.’s bonds, as funds hold them
Funds report holding 3 issues of Kodiak Gas Services, Inc.’s debt, $777.56M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.29%, maturing 2031 to 2035.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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